Technology is Key to HR Compliance
Pressure to Make HR Decisions Faster
Employers face mounting pressure to make human resources decisions faster — while remaining compliant. And technology is required to have a well-run HR department. Angela Lockman, vice president of product management at Equifax Workforce Solutions, recently sat down with HRExaminer Radio to discuss how the world of technology in HR helps employers achieve compliance.
“At the heart of HR, technology has exploded,” Lockman tells HRExaminer. “It is a necessary part of how businesses and governments operate.”
Lockman, who specializes in tax and compliance solutions, helps employers stay on top of the growing list of federal, state, and municipal employment regulations. She says many organizations struggle with managing proper new hire paperwork, given the rapid pace of regulatory change. As a result, these changes frequently delay an employee start date, disrupting both the candidate experience and business continuity.
“Compliance… Speed Bumps to Onboarding”
“We talk about compliance being the speed bumps to onboarding,” Lockman says. “The community wants new job opportunities, the employer wants new hires to begin work, the employee needs a paycheck and wants to do their job. So, we try to smooth those compliance speed bumps to make the process more efficient.”
While the benefits of HR technology are clear, many companies still use outdated paper forms that slow down the verification process.
Lockman says that at least 60 percent of paper I-9 forms include errors. That increases the risk that employers are not in compliance*.
HR Technology Reduces Employee Risk
Ultimately, Lockman believes new HR technology solutions will help all stakeholders by providing unique compliance services and technology capabilities. As a result, that will help increase efficiency and reduce risk for employers.
“I like us to have a win all the way around for the employer, the employee and the community,” she said.
For more insights, listen to the full podcast.